For SaleRisky Deal30 days on market
50 Driftwood Dr
50 Driftwood Dr, Charlestown, RI 02813, Charlestown, RI 02813
$474,900
Estimate®:$494,400$19,500 Under Market
Listing Price
50 Driftwood Dr, Charlestown, RI 02813
Loc: Charlestown, RI
Days Listed
30
Tax Assessed
$442k
Estimate®
$494k
4% Under Valued
Lot Size
6.71 acres
Rent Estimate
$2,715/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Chariho Regional Middle School
5-8
2.9 mi away
10
Chariho High School
9-12
3 mi away
9
Charlestown Elementary School
K-4
4.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-level housevinyl sidingsuburbantwo-storyresidentialgable rooflarge lawnstone walkwaylamppostcozyneutral color palettemature treeswell-maintainedresidential architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.51%
Total ROI
35.1%
Cash Flow
$-1,076/mo
DSCR
0.56
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,076/mo net cash flow with a 3.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Charlestown, RI
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Price change | $474,900 | $406 |
| 2026-09-16 | Listed for sale | $499,900 | $427 |
| 2026-09-12 | Contingent | $499,900 | $427 |
| 2026-08-30 | Listed for sale | $499,900 | $427 |
| 2011-06-06 | Listing removed | $299,900 | $256 |
| 2011-05-30 | Listed for sale | $299,900 | $256 |
| 2011-04-11 | Sold | $270,000 | $231 |
| 2011-03-20 | Listed for sale | $289,900 | $248 |
| 2011-01-19 | Listing removed | $299,900 | $256 |
| 2010-11-13 | Price change | $299,900 | $256 |
| 2010-09-21 | Listed for sale | $309,900 | $265 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,619 | $441,700 |
| 2024 | $2,553 | $441,700 |
| 2023 | $2,535 | $441,700 |
| 2022 | $2,803 | $343,100 |
| 2021 | $2,807 | $343,100 |
| 2020 | $2,824 | $343,100 |
| 2019 | $2,595 | $281,100 |
| 2018 | $2,709.8 | $281,100 |
| 2017 | $2,696 | $281,100 |
| 2016 | $2,742 | $268,600 |
| 2015 | $2,716 | $268,600 |
| 2014 | $2,659 | $268,600 |
| 2013 | $2,723 | $287,800 |
| 2012 | $2,677 | $287,800 |
| 2011 | $2,607 | $287,800 |
| 2010 | $2,613 | $349,300 |
| 2009 | $2,599 | $349,300 |
| 2008 | $2,501 | $349,300 |
| 2007 | $2,613 | $347,900 |
| 2006 | $2,366 | $347,900 |
| 2004 | $3,305 | $262,500 |
| 2003 | $3,137 | $262,500 |
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